Osisko gold royalties Ltd (TSE:OR) declared a quarterly dividend on Wednesday, November 8th, Zacks reports. Investors of record on Friday, December 29th will be paid a dividend of 0.05 per share on Monday, January 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, December 28th.

Shares of Osisko gold royalties (OR) traded up C$0.41 during mid-day trading on Friday, reaching C$14.59. The company had a trading volume of 462,700 shares, compared to its average volume of 448,661. The stock has a market cap of $2,230.00, a price-to-earnings ratio of 54.04 and a beta of -0.20. Osisko gold royalties has a one year low of C$12.12 and a one year high of C$17.58.

OR has been the subject of a number of recent research reports. National Bank Financial lifted their price objective on Osisko gold royalties from C$19.00 to C$19.25 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Canaccord Genuity lifted their price objective on Osisko gold royalties from C$20.00 to C$21.50 in a research note on Friday, September 29th. Desjardins reiterated a “buy” rating on shares of Osisko gold royalties in a research note on Monday, December 11th. Eight Capital reiterated a “neutral” rating on shares of Osisko gold royalties in a research note on Thursday, November 16th. Finally, Scotiabank reduced their price objective on Osisko gold royalties from C$21.00 to C$20.00 and set an “outperform” rating for the company in a research note on Monday, November 6th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of C$19.14.

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About Osisko gold royalties

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.

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